U.S. gives Chevron go ahead to pump oil in Venezuela again

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U.S. gives Chevron go ahead to pump oil in Venezuela again

The Treasury Department on Saturday said it would allow Chevron to resume pumping oil from Venezuela oil fields.

Why it matters: The license, granted by the Treasury Department, would allow the California-based oil company to pump Venezuelan oil for the first time in years in joint ventures with Venezuela’s national oil company Petróleos de Venezuela (PdVSA.) Read full article HERE

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